Relatives told reporters that Banks was returning home after visiting an aunt.
The accident closed the southbound lanes of the highway for hours before they were reopened at about 6 a.m. Wednesday.
In the wake of previous pedestrian deaths, city officials have called for more crosswalks and speed patrols on the boulevard.
Last August, 43-year-old Michael Romano died after pushing his 5-year-old son out of danger just before he was struck by a hit-and-run driver at 11 p.m. The driver was arrested three blocks away by a police officer who witnessed the crash, and was charged with vehicular homicide.
His death came just days after another man was killed in a 2 a.m. hit and run on the same stretch of road, which in that area is a divided, 12-lane highway.
In June 2009, 36-year-old pedestrian Brenda Rodriguez was struck and killed after she and a friend picked up Chinese food. Witnesses said she was struck by one of two drivers racing against each other, both of whom fled.